Company:
The Knot Worldwide
Location: Chevy Chase
Closing Date: 19/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Job Description
ABOUT THE ROLE AND OUR TEAM:
We are seeking a highly skilled Director of Global Total Rewards to lead the strategic design, implementation, and management of our global compensation and benefits programs. This role demands extensive experience in developing global compensation philosophies, managing executive compensation, and overseeing equity and bonus programs by leveraging benchmark datasets with expertise. You will leverage your expertise with multiple complex global HRIS and Payroll system integrations, to ensure our global total rewards strategies are competitive, data-driven, and aligned with organizational goals. The ability to establish trust across key Executive-level stakeholders through effective communication, change management, and execution will be critical for the success of this role. The ideal candidate will have robust benefits experience, including managing a global Total Rewards benefits team and addressing diverse statutory requirements across multiple countries. Exceptional project management skills will be critical for this role.
This leader will ideally be located within a reasonable commuting distance to our Chevy Chase, MD office where they will occasionally be asked to attend in-person meetings with stakeholders to build relationships and rapport with local leaders and teams.
RESPONSIBILITIES:
SUCCESSFUL DIRECTOR, GLOBAL TOTAL REWARDS CANDIDATES WILL HAVE:
At The Knot Worldwide, we believe you are more than a resume and invite you to go for it, take the leap of faith, and apply for this job if it sparks your passion to join TKWW and make a difference!
WHAT WE LOVE ABOUT YOU:
WHAT YOU LOVE ABOUT US:
We believe in a wide range of holistic offerings to support our employees so that they can live our values day in and day out. From mental wellbeing, physical health and financial planning, to engaging perks and discounts, we are in the business of celebrating and supporting the Moments that Matter. We offer flexible vacation, generous parental leave and prioritize initiatives that support the growth, development, and happiness of our people.
To facilitate in-person collaboration, we have office spaces in Barcelona, Spain; Boston, MA; Delhi, India; Galway, Ireland; London, England; Madrid, Spain; New York, NY; Omaha, NE; Portland, OR; and Washington, D.C.
We are seeking applicants residing in the Central or Eastern US time zones to facilitate effective communication with the company's headquarters in Chevy Chase, MD.
US Notice: The Knot Worldwide provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, or disability. In addition to federal law requirements, The Knot Worldwide complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. The Knot Worldwide expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status.
About the Team
WHAT WE DO MATTERS:
Here at The Knot Worldwide, we believe in doing work that matters. In more than 16 countries around the world, The Knot Worldwide's leading family of brands-including The Knot, WeddingWire, Bodas, The Bash, The Bump, and more-help people take celebration planning from inspiration to action. When you join our global team, you'll be a part of a diverse group of individuals passionate about serving and enabling our communities to celebrate the moments that make us.
ABOUT THE ROLE AND OUR TEAM:
We are seeking a highly skilled Director of Global Total Rewards to lead the strategic design, implementation, and management of our global compensation and benefits programs. This role demands extensive experience in developing global compensation philosophies, managing executive compensation, and overseeing equity and bonus programs by leveraging benchmark datasets with expertise. You will leverage your expertise with multiple complex global HRIS and Payroll system integrations, to ensure our global total rewards strategies are competitive, data-driven, and aligned with organizational goals. The ability to establish trust across key Executive-level stakeholders through effective communication, change management, and execution will be critical for the success of this role. The ideal candidate will have robust benefits experience, including managing a global Total Rewards benefits team and addressing diverse statutory requirements across multiple countries. Exceptional project management skills will be critical for this role.
This leader will ideally be located within a reasonable commuting distance to our Chevy Chase, MD office where they will occasionally be asked to attend in-person meetings with stakeholders to build relationships and rapport with local leaders and teams.
RESPONSIBILITIES:
- Global Compensation Strategy:
- Develop and implement global compensation philosophies, programs, and practices that align with business objectives and market trends.
- Create and manage competitive compensation programs, including base pay, variable pay, and incentive plans that align to the global workforce strategy.
- Executive Compensation and Equity Programs:
- Design and oversee executive compensation packages, including base salary, bonuses, stock options, and other incentives.
- Manage equity and stock incentive programs, ensuring they are strategically aligned and compliant with global regulations.
- Bonus and Incentive Programs:
- Develop and manage company-wide bonus programs, ensuring they are motivating, aligned with performance metrics, and competitive.
- Partner with the Revenue team on competitive employee incentive compensation programs.
- Data-Driven Decision Making:
- Utilize advanced Excel skills and market benchmarking data (e.g., Radford, Willis Towers Watson) to drive compensation strategy and adjustments.
- Analyze compensation data and trends to inform and refine total rewards programs.
- Career Levels and Job Architecture:
- Maintain and own newly established career levels and job architecture, establishing clear career pathways and supporting employees' career development.
- Develop and deliver training programs for managers and employees on career levels and compensation structures.
- HRIS Configuration:
- Configure and manage Oracle HRIS to support career levels, job architecture, compensation bands, and bonus programs.
- Ensure HRIS systems are effectively utilized and aligned with global total rewards strategies.
- Own implementation of future grade and compensation structures in Oracle.
- Global Benefits Management:
- Oversee the management of global benefits programs, ensuring compliance with local statutory requirements and equitable benefits offerings across countries.
- Lead and support a global benefits team in managing local benefits, leave of absence programs, and addressing challenges related to diverse country requirements.
- Oversight of retirement plans, including relevant compliance audits
- Create innovative strategies to scale benefits that align with our value proposition while navigating complexities of company mergers, acquisitions, labor councils, and a globally dispersed employee population.
- Improve operational efficiency and effectiveness to standardize benefits administration globally and to reduce manual efforts.
- Remote and Global Team Leadership:
- Manage and inspire a remote global team, ensuring effective communication and collaboration across various time zones and regions.
- Support compensation and benefits practices in multiple countries outside the US, adapting strategies as needed for local conditions.
- Executive Communication:
- Engage with the Executive team and Board to discuss compensation strategies, market data, and program effectiveness.
- Close partnership with Talent Management, Talent Acquisition, Talent Advisory, and Communications teams to ensure team alignment and impactful change management on cross-functional initiatives.
- Provide expert advice on total rewards matters and contribute to high-level decision-making.
SUCCESSFUL DIRECTOR, GLOBAL TOTAL REWARDS CANDIDATES WILL HAVE:
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field; Master's degree or relevant certifications preferred.
- Minimum of 10 years of experience in global total rewards, including executive compensation, equity programs, bonus and incentive compensation structures.
- Proven experience working in a global capacity with a deep understanding of compensation and benefits practices across multiple countries, specifically Europe (Spain).
- Experienced working with Labor Councils in Europe
- Extensive experience with multiple complex global HRIS and Payroll systems as well as system integrations. Specific experience with Oracle, Paylocity, and Immedis UKG is a plus.
- Advanced proficiency in Excel with a strong data-driven approach.
- Experience using market benchmarking data, such as Radford, to inform compensation strategies.
- Exceptional project management skills.
- Demonstrated ability to create and communicate career levels and compensation structures.
- Strong benefits management experience, including managing a global benefits team and addressing local statutory requirements.
- Exceptional communication and people management skills, with the ability to engage with senior executives and Board members effectively.
- Proven experience of excelling in a highly matrixed, collaborative, People function
- Demonstrated capability to effectively engage at both executive and operational levels, with a proven ability to manage and execute detailed, hands-on tasks.
At The Knot Worldwide, we believe you are more than a resume and invite you to go for it, take the leap of faith, and apply for this job if it sparks your passion to join TKWW and make a difference!
WHAT WE LOVE ABOUT YOU:
- You Dream Big. You iterate and experiment to drive innovation.
- You Love Our Users. You keep our global community at the center of everything you do.
- You Do the Right Thing. You strengthen your team through respect, fairness, and inclusion.
- You Hustle Every Day. You favor urgency and own your outcomes.
- You Win Together. People are at the heart of our success and you play as a team.
WHAT YOU LOVE ABOUT US:
We believe in a wide range of holistic offerings to support our employees so that they can live our values day in and day out. From mental wellbeing, physical health and financial planning, to engaging perks and discounts, we are in the business of celebrating and supporting the Moments that Matter. We offer flexible vacation, generous parental leave and prioritize initiatives that support the growth, development, and happiness of our people.
To facilitate in-person collaboration, we have office spaces in Barcelona, Spain; Boston, MA; Delhi, India; Galway, Ireland; London, England; Madrid, Spain; New York, NY; Omaha, NE; Portland, OR; and Washington, D.C.
We are seeking applicants residing in the Central or Eastern US time zones to facilitate effective communication with the company's headquarters in Chevy Chase, MD.
US Notice: The Knot Worldwide provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, or disability. In addition to federal law requirements, The Knot Worldwide complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. The Knot Worldwide expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status.
About the Team
WHAT WE DO MATTERS:
Here at The Knot Worldwide, we believe in doing work that matters. In more than 16 countries around the world, The Knot Worldwide's leading family of brands-including The Knot, WeddingWire, Bodas, The Bash, The Bump, and more-help people take celebration planning from inspiration to action. When you join our global team, you'll be a part of a diverse group of individuals passionate about serving and enabling our communities to celebrate the moments that make us.
Share this job
The Knot Worldwide